Budgeting is a targeted monetary action plan. The budget is the company's tool for financial planning and monitoring. With the help of a budget the company acquires an idea of what creates profitability and control over the company's finances. The aim of the thesis is to gain an understanding of how companies manage their budgeting and how their budgeting process is designed and why they chose to use the method of budgeting. In the thesis is a qualitative research methodology used. Books and articles are the secondary data used in the theoretical part of the thesis. Primary data were collected through interviews with the two selected companies, and then the corporate budgeting processes were compared to each other. The findings show that the budget serves as a tool and is used to keep track of the business economy as well as for balancing company expenses and revenues. The budget need not be detailed, the main thing is that the largest and most important items are present and to make a proper follow-up of the company's budget.